The global temporary fencing panels market achieved a notable value of USD 3,309.4 million in 2022, laying the foundation for an exciting trajectory ahead. Projections indicate a substantial surge to USD 4,940.1 million by 2033, supported by a robust Compound Annual Growth Rate (CAGR) of 3.7% throughout the forecast period, according to insights derived from FMI analysis. …
Category Archives: Industrial News
Aircraft Ground Support Equipment Market Forecasted to Reach USD 21.2 Billion by 2033, Expanding at a 6.8% CAGR | FMI Reports
Aircraft Ground Support Equipment Market The Aircraft Ground Support Equipment (GSE) Market report, published by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—provides a detailed and comprehensive analysis of the sector. The report explores the key drivers, market size, and future outlook for Aircraft Ground Support Equipment, offering in-depth insights into revenue and …
Global Water Treatment Market Expected to Reach USD 137.17 Billion by 2034, Driven by a 7% CAGR | FMI Reports
Water Treatment Market The global water treatment market is projected to reach approximately USD 137.17 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7%. This growth is expected to be driven primarily by an increasing demand for water treatment systems in the coming years. A major factor contributing to this market …
Global Electric Motor Market Anticipated to Reach USD 252.6 Billion by 2033 with 6.64% Annual Growth Rate | FMI Reports
Electric Motor Market The electric motor market is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 6.64% from 2023 to 2033. By 2033, the market is expected to reach an estimated value of approximately USD 252.6 billion. This market’s upward trajectory is remarkable. In 2023, the global electric motor market …
Global Substation Automation Market Expected to Reach USD 55.69 Billion by 2033, Growing at a 6.7% CAGR | FMI Reports
Substation Automation Market In 2023, the global substation automation market is expected to reach a value of USD 29.12 billion. Over the next decade, this market is projected to grow at a compound annual growth rate (CAGR) of 6.7%, potentially reaching an estimated USD 55.69 billion by 2033. This growth is driven primarily by the …
Future Outlook: Micro Irrigation Systems Market to Achieve USD 25 Million by 2033, with a CAGR of 9.5% | FMI Reports
Micro Irrigation Systems Market The micro irrigation systems market is expected to grow significantly, from USD 10 million in 2023 to USD 25 million by 2033, reflecting a robust compound annual growth rate (CAGR) of 9.5% over the forecast period. Market Drivers and Opportunities The projected growth of the micro irrigation systems market is fueled …
FMI Study States Global Composite Insulators Market Revenue to Drive Past USD 6,413.1 Million Mark by 2033, Growing at 6.4% CAGR
The global composite insulator market is forecasted to demonstrate a robust 6.4% Compound Annual Growth Rate (CAGR) throughout the evaluation period spanning from 2023 to 2033. By the culmination of 2033, this trend is expected to culminate in a substantial market size of USD 6,413.1 million, increasing from USD 3,433.3 million in 2023. The demand for composite …
Global Smart Pumps Market Size Estimated to Reach USD 2,165.7 Million by 2033, Growing at a Decent 7.8% CAGR | FMI Analysis
According to Future Market Insights, the global smart pump market is expected to be valued at USD 1,021.9 million in 2023 and USD 2,165.7 million by 2033. The industry is forecasted to grow at 7.8% CAGR during forecast period. The market is likely to have many opportunities to flourish due to the cheap cost of smart pumps. …
Global Drain Cleaning Equipment Market Valuation Anticipated to Achieve USD 418.9 Million Mark by 2032, Driving 6.0% CAGR | FMI Study
The global drain cleaning equipment market is expected to grow at a CAGR of 6.0% during the forecast period 2022 to 2032. Industry is projected to increase from USD 234.6 million in 2022 to USD 418.9 million by 2032. This marks an improvement from the previous growth rate of 5.1% observed between 2016 and 2021. A comprehensive …
Global Water Turbine Market Share Anticipated to Reach USD 3.8 Billion by 2032, Growing Steadily at 4.7% CAGR | FMI Analysis
The global water turbine market share was expected to surpass USD 2.4 billion in 2022. Furthermore, a substantial surge is anticipated, reaching USD 3.8 billion by 2032, reflecting a projected Compound Annual Growth Rate (CAGR) of 4.7% from 2022 to 2032. The global water turbine market is currently undergoing a notable transformation driven by the escalating adoption …